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Macalvins > Latest news and blog

Latest news and blog

National Insurance credit scheme will be introduced to tackle child benefit gaps

Posted on 13 February 202413 February 2024

The Government plans to introduce new legislation to help parents who earn more money than others with their future pensions. In essence, if you did not claim child benefit because…

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Putting the brakes on excessive National Insurance payments through car allowances

Posted on 13 February 202413 February 2024

Businesses may be able to reclaim significant amounts of National Insurance Contributions (NICs) and plan for future savings because of a recent Tribunal ruling on how car allowances are taxed….

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Tax basis – Getting ready for the end of the transitional year

Posted on 13 February 202413 February 2024

Are you a sole trader or a member of a partnership? Here is what you need to know about the upcoming tax basis period reforms. HM Revenue & Customs (HMRC)…

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MTD differences for limited vs unlimited companies

Posted on 2 February 20242 February 2024

Making Tax Digital (MTD), a key part of HM Revenue & Customs’ (HMRC) strategy to modernise tax administration, simplifies the tax process for business owners.

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Which business structure is the most tax-efficient?

Posted on 29 January 202429 January 2024

By Munatzir Bhimji, FCCA, Partner. Tax represents one of any company’s most significant expenses.

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Plan your retirement – paying tax on your pension

Posted on 18 January 202424 February 2025

When it comes to retirement, we all want things to run smoothly.

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